"Championing working families." Governor vetoes controversial bill that could have driven up energy costs: 'This bill fails ...

The bill also would have allowed Duke Energy to bill customers for the construction cost of plants that haven't yet been built.

N.C. Governor Josh Stein has vetoed a bill designed to let Duke Energy delay cuts in carbon emissions from its power plants in the state. ... Reaction to Stein’s veto of Senate Bill 266.

The new memo from N.C. State professors says the fuel costs to power new natural gas plants could be a key price driver for ...

Lawmakers approved SB 266, letting Duke Energy charge customers before building plants. If signed, bill eliminates 2030 emissions targets while keeping carbon neutrality by 2050.

Due to HB 951, which passed in 2021, North Carolina requires Duke Energy to meet two emissions deadlines. By 2030, the utilities company is supposed to reduce its emissions by 70% of 2005 levels.

North Carolina legislators finalized a bill Thursday that would eliminate an interim greenhouse gas reduction mandate set in a landmark 2021 law, while still directing regulators to aim to cancel ...

Duke Energy agreed in 2021 to cut its carbon emissions by 70 percent by 2030. However, now they say they can't meet that plan. Posted 2024-07-26T22:12:17+00:00 - Updated 2024-07-26T22:12:17+00:00 ...

That said, Duke Energy is bound by a bipartisan 2021 state law to reduce its GHG emissions by 70% by 2030 compared to 2005 levels. By 2050, the utility must reach full carbon neutrality.

Emissions from energy consumption dropped by 42% since 2007, even as the campus grew by over 3 million gross square feet. “We’ve made very important progress towards carbon reduction through ...